US crude stocks fell while gasoline and distillate inventories rose in the week ending January, the Energy Information Administration said. Crude inventories fell by 0.959 million barrels, more than market expectations for a 0.6 million-barrel draw. It was the seventh consecutive drop in crude oil stocks, challenging the recent rhetoric that low fuel demand in the upcoming year will drive the crude oil market to remain in a surplus. Also, crude stocks at the Cushing, Oklahoma, delivery hub went down by 2.502 million. On the other hand, gasoline stocks rose by 6.33 million barrels, compared with expectations for a 1.5 million-barrel build. Distillate stockpiles, which include diesel and heating oil, increased by 6.071 million barrels, more than expectations for 1 million-barrel rise. Meanwhile, net US crude imports rose by 278 thousand barrels per day. source: U.S. Energy Information Administration

Stocks of crude oil in the United States decreased by 0.96million barrels in the week ending January 3 of 2024. Crude Oil Stocks Change in the United States averaged 0.07 BBL/1Million from 1982 until 2025, reaching an all time high of 21.56 BBL/1Million in February of 2021 and a record low of -17.05 BBL/1Million in July of 2023. This page provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Crude Oil Stocks Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.




Calendar GMT Reference Actual Previous Consensus TEForecast
2025-01-02 04:00 PM
EIA Crude Oil Stocks Change
Dec/27 -1.178M -4.237M -2.75M
2025-01-08 03:30 PM
EIA Crude Oil Stocks Change
Jan/03 -0.959M -1.178M -0.6M
2025-01-15 03:30 PM
EIA Crude Oil Stocks Change
Jan/10 -0.959M


Related Last Previous Unit Reference
EIA Crude Oil Imports Change 278.00 323.00 Thousand Barrels Jan 2025
EIA Crude Oil Stocks Change -0.96 -1.18 BBL/1Million Jan 2025
EIA Cushing Crude Oil Stocks Change -2502.00 -142.00 Thousand Barrels Jan 2025
EIA Distillate Fuel Production Change -167.00 99.00 Thousand Barrels Jan 2025
EIA Distillate Stocks Change 6071.00 6406.00 Thousand Barrels Jan 2025
EIA Gasoline Production Change -81.00 -959.00 Thousand Barrels Jan 2025
EIA Gasoline Stocks Change 6330.00 7717.00 Thousand Barrels Jan 2025
EIA Heating Oil Stocks Change -632.00 -416.00 Thousand Barrels Jan 2025
EIA Natural Gas Stocks Change -40.00 -116.00 billion cubic feet Jan 2025
EIA Refinery Crude Runs Change 45.00 41.00 Thousand Barrels Jan 2025
Strategic Petroleum Reserve Crude Oil Stocks 393817.00 393570.00 Thousand Barrels Jan 2025

United States Crude Oil Stocks Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-0.96 -1.18 21.56 -17.05 1982 - 2025 BBL/1Million Weekly


News Stream
US Crude Oil Stocks Fall for 7th Week: EIA
US crude stocks fell while gasoline and distillate inventories rose in the week ending January, the Energy Information Administration said. Crude inventories fell by 0.959 million barrels, more than market expectations for a 0.6 million-barrel draw. It was the seventh consecutive drop in crude oil stocks, challenging the recent rhetoric that low fuel demand in the upcoming year will drive the crude oil market to remain in a surplus. Also, crude stocks at the Cushing, Oklahoma, delivery hub went down by 2.502 million. On the other hand, gasoline stocks rose by 6.33 million barrels, compared with expectations for a 1.5 million-barrel build. Distillate stockpiles, which include diesel and heating oil, increased by 6.071 million barrels, more than expectations for 1 million-barrel rise. Meanwhile, net US crude imports rose by 278 thousand barrels per day.
2025-01-08
US Crude Oil Stocks Fall for 6th Week: EIA
US crude stocks fell while gasoline and distillate inventories rose in the week ending December 27, the Energy Information Administration said. Crude inventories fell by 1.178 million barrels, less than market expectations for a 2.75 million-barrel draw. It was the sixth consecutive drop in crude oil stocks, challenging the recent rhetoric that low fuel demand in the upcoming year will drive the crude oil market to remain in a surplus. Also, crude stocks at the Cushing, Oklahoma, delivery hub went down by 0.142 million. On the other hand, gasoline stocks rose by 7.717 million barrels, compared with expectations for a 0.7 million-barrel build. Distillate stockpiles, which include diesel and heating oil, increased by 6.406 million barrels, versus expectations for a 0.1 million-barrel draw. Meanwhile, net US crude imports rose by 323 thousand barrels per day.
2025-01-02
US Crude Oil Stocks Drop More than Expected
Stocks of crude oil in the United States fell by 4.3 million barrels from the previous week in the period ending on December 20th, more than market expectations of a two million barrel dra and a private industry report that suggested stocks fell by 3.2 billion barrels in the period. It was the fifth consecutive drop in crude oil stocks, challenging the recent rhetoric that low fuel demand in the upcoming year will drive the crude oil market to remain in a surplus. In turn, stocks of distillate fuel fell by 1.7 million barrels in the period, compared with expectations of a 700 thousand-barrel drop. Conversely, gasoline stocks rose by 1.6 million barrels instead of market expectations of a 1 million barrel draw.
2024-12-27